ETC Natural Gas (121 lettori)
- Creatore Discussione NEO_99
- Data di Inizio
NEO_99
Forumer storico
..
siamo in una bolla short determinata dal radicale cambiamento che è avvenuto con lo shale gas/oil , magari il prezzo giusto lo abbiamo gia' raggiunto ma in queste fasi si enfatizza al limite, quindi potrebbe toccare dei prezzi che nel tempo nn sono sostenibili..ma questo nn ci è dato saperlo..
mediare puo' essere una soluzione ma anche un danno..dipende sempre dalla disponibilita' nel tempo...se hai intenzione di mediare nn farlo a botta unica.. visto che è difficile capire dove sia il bottom...es: pmc 0.082 ora è a 0.05 potresti metterci 100000 quote ( mi baso sulla dimensione di cio' che hai ) ... se nn si ferma altre 150000 a 0.035/04 ..o meglio ancora valutare i potenziali target del future e calcolare quanto quoterebbe il lev in modo di fare entrate ancor piu' mirate..
Unqualified
Gas maledetto!Pagherai!
Intanto a New York -5 neve ,,,,a Chicago ...invece ....-8 neve a manetta Aereoporto chiuso .:
Mi sembra una spolveratina; 5 mt. di neve ci vogliono!!!
NEO_99
Forumer storico
inverno tremendamente caldo... se hanno prelevato 87 contro 225 ... a voglia a consumare le scorte.
cb76
.. wanna became a farmer!
le liberazioni vanno fatte... io invece penserei ad un modo per "rimborsare" in qualche modo quelli che hanno fatto investimenti da poco e non li hanno ancora ammortizzati...
Pe quanto riguarda farmacisti, notai, ecc... Beh li è tutta un'altra storia... magari in futuro invece di avere 4 case al mare ne avranno solo 3...
Unqualified
Gas maledetto!Pagherai!
Sentite questo:
“At the end of the day, we invest the majority of our capital in the highest-return type projects,” Mr. Marsh said. “We really think that the full cycle – from land acquisition through complete development – of most gas assets in North America, [break-even] is really a $4.50 to $5 gas price.… When you start to get down into these $3 gas prices that we’re in today, you’re challenged to put capital on those dry gas assets.”
Encana’s shift away from gas may reflect the burgeoning norm in 2012. The North American industry faces the prospect of losing billions of dollars just to replace the natural depletion of existing wells and maintain production at 2011 levels – and, increasingly, producers look unwilling to do it. And while many experts think the oversupplied market could keep prices depressed for much of this year, they say this growing reluctance to invest in gas production is bound to eventually take a big bite out of supplies, and finally turn prices around.
“It’s just inevitable. The multibillion-dollar question is, when,” said Peter Tertzakian, chief energy economist at ARC Financial Corp. in Calgary. “The price is too low to entice anyone to drill for gas, when there are more lucrative oil wells to be found. The fact we’ve had this warm [start to] winter, and critically low gas prices, just accelerates this migration.”
Still, experts say, any meaningful price recovery may not happen in 2012. After all, for more than a year many people have been saying that low prices were going to slow exploration and production, and boost prices – yet prices are even lower now than they were at the start of 2011.
“Everybody has gotten this wrong,” said Arthur Berman, a Texas-based energy analyst who is one of the most vocal doubters of the sustainability of the shale production bonanza. “The producers’ behaviour has been puzzling to everyone. They have been very slow to respond to prices.”
One factor is that as producers have shifted their focus toward liquids-heavy gas properties, they have continued to unlock dry gas in the process – and they have been able to use the ample cash generated by liquids production to justify bringing otherwise uneconomic gas on stream. In Encana’s liquids-rich Deep Basin play in Alberta and British Columbia, for instance, the company can produce natural gas for “$2 or less,” Mr. Marsh said.
Hedging programs – under which producers agree to sell future production at fixed prices – have also helped sustain gas production. While Mr. Tertzakian and others believe this effect is fading as old, richer hedging contracts expire and producers are forced to accept lower prices (the Nymex natural gas futures contract for delivery one year from now is priced at a mere $3.67), shrewder hedgers have still been able to lock in comfortable prices for 2012. (Encana has hedged more than half its expected 2012 production at an average price of $5.80.)
Se non ho capito male il dato interessante (ve ne sono altri) è che
In Encana’s liquids-rich Deep Basin play in Alberta and British Columbia, for instance, the company can produce natural gas for “$2 or less,” Mr. Marsh said.
Vedere
End to low natural gas prices 'inevitable' - The Globe and Mail
Natural Gas Liquids
“At the end of the day, we invest the majority of our capital in the highest-return type projects,” Mr. Marsh said. “We really think that the full cycle – from land acquisition through complete development – of most gas assets in North America, [break-even] is really a $4.50 to $5 gas price.… When you start to get down into these $3 gas prices that we’re in today, you’re challenged to put capital on those dry gas assets.”
Encana’s shift away from gas may reflect the burgeoning norm in 2012. The North American industry faces the prospect of losing billions of dollars just to replace the natural depletion of existing wells and maintain production at 2011 levels – and, increasingly, producers look unwilling to do it. And while many experts think the oversupplied market could keep prices depressed for much of this year, they say this growing reluctance to invest in gas production is bound to eventually take a big bite out of supplies, and finally turn prices around.
“It’s just inevitable. The multibillion-dollar question is, when,” said Peter Tertzakian, chief energy economist at ARC Financial Corp. in Calgary. “The price is too low to entice anyone to drill for gas, when there are more lucrative oil wells to be found. The fact we’ve had this warm [start to] winter, and critically low gas prices, just accelerates this migration.”
Still, experts say, any meaningful price recovery may not happen in 2012. After all, for more than a year many people have been saying that low prices were going to slow exploration and production, and boost prices – yet prices are even lower now than they were at the start of 2011.
“Everybody has gotten this wrong,” said Arthur Berman, a Texas-based energy analyst who is one of the most vocal doubters of the sustainability of the shale production bonanza. “The producers’ behaviour has been puzzling to everyone. They have been very slow to respond to prices.”
One factor is that as producers have shifted their focus toward liquids-heavy gas properties, they have continued to unlock dry gas in the process – and they have been able to use the ample cash generated by liquids production to justify bringing otherwise uneconomic gas on stream. In Encana’s liquids-rich Deep Basin play in Alberta and British Columbia, for instance, the company can produce natural gas for “$2 or less,” Mr. Marsh said.
Hedging programs – under which producers agree to sell future production at fixed prices – have also helped sustain gas production. While Mr. Tertzakian and others believe this effect is fading as old, richer hedging contracts expire and producers are forced to accept lower prices (the Nymex natural gas futures contract for delivery one year from now is priced at a mere $3.67), shrewder hedgers have still been able to lock in comfortable prices for 2012. (Encana has hedged more than half its expected 2012 production at an average price of $5.80.)
Se non ho capito male il dato interessante (ve ne sono altri) è che
In Encana’s liquids-rich Deep Basin play in Alberta and British Columbia, for instance, the company can produce natural gas for “$2 or less,” Mr. Marsh said.
Vedere
End to low natural gas prices 'inevitable' - The Globe and Mail
Natural Gas Liquids
Unqualified
Gas maledetto!Pagherai!
C'è solo da aggiungere però che i bacini di liquids-rich sono soprattutto in Canadà e non in US. Come entra questo nella partita?
Unqualified
Gas maledetto!Pagherai!
Tutta scena; sono ben altri i patrimoni che vanno scovati e tassati ..... un pò di polvere negli occhi e crediamo che sia cambiato qualcosa mentre i soliti sono sempre fuori dal giro. Tutto cambia perchè nulla cambi.